Auto sales pushed by strong demand for pickups

The demand for pickup trucks in March helped drive auto sales to its highest point since August 2007. Ford, GM, and Chrysler reported selling 154,722 full size pickups in March...up +14% vs. 2012. Auto sales rose +3.4% over March of 2012. The new Altima outsold the perennial top selling Camry in March, and the newly designed Accord was right on its heels. Total auto sales in March reached 1.45 million units...again the best performance since August 2007.